Iran ready to finance Pakistan gas pipeline – Pakistan oil and gas news
Thursday, June 7th, 2012 9:20:31 by Ahmed Tariq
Iran ready to finance Pakistan gas pipeline – Pakistan oil and gas news
Iran
is ready to finance the multibillion-dollar gas pipeline to Pakistan, who was detained for two years due to pressure from the West, the agency Fars News on Wednesday.
is ready to finance the multibillion-dollar gas pipeline to Pakistan, who was detained for two years due to pressure from the West, the agency Fars News on Wednesday.
"Financial
difficulties and obstacles in some Western countries has slowed construction of the pipeline on Pakistani territory," Fars said.
difficulties and obstacles in some Western countries has slowed construction of the pipeline on Pakistani territory," Fars said.
"To
accelerate progress, the Iranian Oil Ministry officials suggested that Iran is ready to invest in the construction of a pipeline in the territory of Pakistan" in addition to a Iran,
he added. In 2010, Pakistan and Iran signed an agreement under which Tehran would deliver natural gas to its eastern neighbor in 2014, with sales to reach 750 million cubic feet (21 million cubic meters) of up to one billion cubicfeet
per day by mid-2015.
accelerate progress, the Iranian Oil Ministry officials suggested that Iran is ready to invest in the construction of a pipeline in the territory of Pakistan" in addition to a Iran,
he added. In 2010, Pakistan and Iran signed an agreement under which Tehran would deliver natural gas to its eastern neighbor in 2014, with sales to reach 750 million cubic feet (21 million cubic meters) of up to one billion cubicfeet
per day by mid-2015.
Project
included a gas pipeline, 900 kilometers (560 miles) in length, can be built with Assaluyeh in southern Iran on the border with Pakistan.
included a gas pipeline, 900 kilometers (560 miles) in length, can be built with Assaluyeh in southern Iran on the border with Pakistan.
Another
800 kilometers (500 miles) pipeline must also be in Pakistan to receive gas Iran’s
South Pars field in the Persian Gulf. Although Iran has almost completed work on his side of the border in Pakistan, plans are faced with difficulties in the reluctance of investors who fear they may suffer from the sanctions.
800 kilometers (500 miles) pipeline must also be in Pakistan to receive gas Iran’s
South Pars field in the Persian Gulf. Although Iran has almost completed work on his side of the border in Pakistan, plans are faced with difficulties in the reluctance of investors who fear they may suffer from the sanctions.
Pakistan
claims that the pipeline is vital for efforts to
overcome the energy crisis it faces, but the United States has expressed strong objections to the project. He urged Islamabad to abandon it because the sanctions against Iran over its nuclear program.
claims that the pipeline is vital for efforts to
overcome the energy crisis it faces, but the United States has expressed strong objections to the project. He urged Islamabad to abandon it because the sanctions against Iran over its nuclear program.
Pakistan,
which produces only 80 percent of its needsPower,
thinks that the $ 7.5 billion gas project, as a partial response to the crisis that led to the shut down and suffocated industry. Iran has the world’s second largest natural gas reserves, is actively developing its production, but you can export only a small
part of it due to lack of pipelines or liquefaction infrastructure.
which produces only 80 percent of its needsPower,
thinks that the $ 7.5 billion gas project, as a partial response to the crisis that led to the shut down and suffocated industry. Iran has the world’s second largest natural gas reserves, is actively developing its production, but you can export only a small
part of it due to lack of pipelines or liquefaction infrastructure.
Short URL: https://www.newspakistan.pk/?p=24947
Posted by Ahmed Tariq
on Jun 7 2012. Filed under Pakistan, Sci-Tech.
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